CryptoT

Bitcoin is currently setting a fluctuation range from $61,000 to $72,000.

Although the price of Bitcoin remains within this range, the RSI has fallen below the price level.

Once the $61,000 support is breached, Bitcoin is expected to drop to the $50,000 - $53,000 support zone.

When Bitcoin falls, altcoins will also be affected.

However, these are just short-term fluctuations.

This period reminds us of the markets in March 2016 and March 2020. At those times, the market was unpredictable in the short term, but one year later, prices surged dramatically.

We are ignoring these current fluctuations and focusing on the potential for a significant growth supercycle by the end of this year.

Our current interest lies in selecting projects with the potential to yield returns of 10x, 20x, or even 50x, similar to what FTM, SOL, THETA, and others achieved from late 2020 to mid-2021.

Here's the trend of the USDT.D index. As you can see, USDT.D has formed an extended uptrend since mid-2018, and this trend is gradually weakening.

Based on technical indicators, we're observing a significant downtrend in USDT.D. This means it's likely to break its current uptrend and drop to levels around 3.76%, or even lower to 2.6%.

What does this mean?

If USDT.D falls to these levels, we could be entering a supercycle of price increases. This would be the time when Bitcoin ETF and Ethereum ETF get approved, marking a period of extreme market enthusiasm, quite different from the bull cycles we have experienced before.

The chart shows two possible scenarios for USDT.D. However, regardless of which scenario plays out, it's poised to lead to a supercycle of price increases.

2024 and 2025 are going to be fantastic years with enormous opportunities for all of us. Don't miss out on them.

▪️ Bitcoin

With the current trend, Bitcoin is expected to rise to $48,000. That is also the nearest significant resistance level.

▪️Ethereum

ETH is forming an Ascending Triangle pattern, and it is likely to break out of this pattern soon and rise to $2,200. This will be the initial resistance zone, and ETH will consolidate here for a while before climbing to $3,500.

▪️Chainlink

LINK has been accumulating for an extended period of 530 days. As you already know, once the accumulation is sufficient, it will experience a strong surge.

Our target is $28.0.

✅ We've waited long enough during the accumulation phase. So, we also need to be patient during the uptrend phase. The market requires time to reach the necessary levels.

During this time, the market may also experience minor corrections, which you don't need to be concerned about. We are here for bigger things.

See you in January 2024.

Stock

$COIN (Coinbase) if you're holding

https://www.tradingview.com/chart/COIN/ALunZ4AJ-Coin-Coinbase/

In the past, we had anticipated that USDt.D would decrease by 4.3% in May. However, that hasn't happened yet, and now might be the opportune time for USDt.D to break below the support channel and drop to 5.0%.

Here are the targets for the main coins we currently hold:

BTC is expected to rise to the range of $39,000 - $47,000.
ETH is projected to increase to the range of $2,900 - $3,500.
LINK seems to be in a prolonged accumulation phase of around 430 days. If it successfully breaks out of the accumulation range, it could rise to the range of $16.0 - $18.0.

Nevertheless, these are just predictions, and we will still rely on actual market conditions for further updates.

https://www.tradingview.com/chart/USDT.D/FI9nMOc1-USDT-D/

Above is a comparison chart between DXY and Bitcoin. Let's look at their similarities:

In both the DXY and BTC charts, I have drawn the corresponding trends (red lines) within the same time frame.

From 2017 to 2018: DXY decreased from 103.8 to 88.1, and during the same time, BTC increased from $800 to $19,000.

From 2020 to 2021: DXY decreased from a peak of 103 to 89.2, and during the same time, BTC increased from $3800 to $67,000.

Now, let's look at DXY at present. As I had a prediction on 8/30/2022, see here: https://t.me/c/1332103113/1965. DXY has decreased from 114.6 to 101.17 and will continue to decrease to 97.8, or even 94.7.

If the market repeats the similarities 2 times in the past as mentioned above, will we see a new ATH for BTC?

As I had a prediction at https://t.me/c/1332103113/1970.

💹 DXY - U.S. Dollar Index

🎯 Main target 101.5
✊ Second target 97.8

https://www.tradingview.com/chart/DXY/LlF0nd4f-DXY/

@CryptoT | CryptoT.io | @iCrypto

BITCOIN SPOT ETF APPROVED

Happy Birthday, Bitcoin!

This thread is amazing and wise and true and worth reading - here

DYDX

On December 1st, a large quantity of DYDX tokens will be unlocked for investors (see here: https://token.unlocks.app/dydx).

Currently, DYDX has broken out of a prolonged accumulation zone over the past year. We may see DYDX pushed up soon before the tokens are unlocked for investors.

We are keeping an eye on two levels: $7.0 and $9.4.

@CryptoT

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👨‍💻 Contact @TonyCrypto

Main target reached.
Next target: $2.7 👌

ALGO 🚀

💹 FTT / USDT - Premium call

💵 Buy zone 1/3 size [52 - 54]
💵 Buy zone 2/3 size [48 - 49]
🎯 Main target 83 (~55%)
⛔️ Stop out when 1D close below 45

https://www.tradingview.com/chart/FTTUSDT/jRSmcaSS-FTT-Premium-call/

@CryptoT | CryptoT.io | @iCrypto | @VIP_Testimonials

SOL done

💹 ALGO / USDT - Free cal 🎁🎁🎁

💵 Buy zone 1/3 size [1.160 - 1.200]
💵 Buy zone 2/3 size [1.050 - 1.060]
🎯 Main target 1.95
✊ Second target 2.70
⛔️ Stop out when 1D close below 1.00

https://www.tradingview.com/chart/ALGOUSDT/9zCuIin0-ALGO-bullish-trend/

@CryptoT | CryptoT.io | @iCrypto | @VIP_Testimonials